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does grover norquist have any credibility left at this point? is he a guy that can twist arms and threaten people and still be effective the way he has been in the past? >> no. let's be very clear what this little tour from grover norquist is about. this is a cry for relevance. that is the only thing we should be seeing in what he is saying. he is trying to prove that he is still relevant. remember, three weeks ago he was singing a dramatically different tune. now he's got even as andrea mitchell pointed out, some kind of alice in wonderland fantasy land about how voting to increase is really voting to decrease. it just doesn't hold water anymore. part of the power of grover norquist is his close relationship with karl rove. karl rove has also been crippled over the past year in the process. so the two of them are not so scary anymore. >> what i found absent from his conversation today was 39.6%. why wasn't he saying this is going to be a job killer? why wasn't he saying -- >> right. >> -- he can't raise taxes on the job creators? it's like he's
does grover norquist have any credibility left at this point? is he a guy that can twist arms and threaten people and still be effective the way he has been in the past? >> no. let's be very clear what this little tour from grover norquist is about. this is a cry for relevance. that is the only thing we should be seeing in what he is saying. he is trying to prove that he is still relevant. remember, three weeks ago he was singing a dramatically different tune. now he's got even as andrea...
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grover norquist johns us now. you said the voting for this deal, which increases taxes on households earning more than 450,000 annually would not violate your pledge that lawmakers make to their constituents. help our viewers understand that. lawmakers who sign that pledge promised to oppose any effort increase tax rates for individuals, for businesses. howe does the fiscal cliff deal not violate that pledge. >> it's technically not a violation of the pledge. but i understand why a lot of republicans have said, look, even though what's happening is the tax cuts disappear and we're restoring them for for most people, so we're not raising taxes, we're actually cutting taxes. >> you say because the bush tax cuts have expired yesterday. >> yes. >> so technically they are still tax cuts. >> correct. i understand and i understand if you're a congressman or senator, you've got to convince not me that you haven't violated the pledge, you have to convince your constituents. and they need to be able to say with a straight f
grover norquist johns us now. you said the voting for this deal, which increases taxes on households earning more than 450,000 annually would not violate your pledge that lawmakers make to their constituents. help our viewers understand that. lawmakers who sign that pledge promised to oppose any effort increase tax rates for individuals, for businesses. howe does the fiscal cliff deal not violate that pledge. >> it's technically not a violation of the pledge. but i understand why a lot of...
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[applause] grover norquist chemo for about 16 hours. -- came out for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what we can do as scientists, is checked the risks and then the location details. but that is a whole different ball game. >> my name is carol stone. do you think the mayan calendar this year will have any effect? and what is the effect of the population in the world -- a billion on this issue of carbon -- >> violation? >> that -- there is a number of factors. when you look at local government in emissions. if there are more people on the planet burning carbon for energy, we will be adding more carbon to the atmosphere. on the other hand, people who are living in a western-style exist the
[applause] grover norquist chemo for about 16 hours. -- came out for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what...
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they cannot cross over the threshold that has been built by grover norquist. >> grover norquist joins us now exclusively here on cnbc. grover, we just heard you are the target of those comments, but did harry reid get it wrong, because i thought that your organization actually gave its blessing to boehner's plan "b." >> reid has it wrong on a number of levels. the first, of course, is that the pledge that many congressmen and senators have made to oppose tax increases is made to the people of their state, not to me. in fact, harry reid now has the republican senator joining him from nevada who won because he made that commitment. he took the pledge, and the democrat that harry reid supported attacked him for taking the pledge, and the people of nevada said we want a senator who will stand with us against harry reid's tax increases, so -- and, of course, the issue that came up with plan "b" which was mr. boehner's recommendation that we pass something out of the house which would stop all the tax increases on anyone who earned less than $1 million permanently, was something that didn't
they cannot cross over the threshold that has been built by grover norquist. >> grover norquist joins us now exclusively here on cnbc. grover, we just heard you are the target of those comments, but did harry reid get it wrong, because i thought that your organization actually gave its blessing to boehner's plan "b." >> reid has it wrong on a number of levels. the first, of course, is that the pledge that many congressmen and senators have made to oppose tax increases is...
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grover norquist, republican lobbiest grover norquist even said the senate deal was an okay deal. he would vote for it if he were a senator, he said because republicans should still be part of it because -- this is a spin on his part because 84% of the bush tax cuts were still in place. and yet those tea party house reasoning wouldn't go along with grover norquist. we catholics say there is a problem when you are holier than the pope. well, that's the case with these house republicans. i don't know. congress is so broken i don't know how we can fix it other than in 2014 target every one of these tea party republicans with a even a responsible republican and throw out this congress. their goal is to destroy this country. arthur delaney will join us when we come back. >> announcer: this is the "bill press show." ♪ every day presents another exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things
grover norquist, republican lobbiest grover norquist even said the senate deal was an okay deal. he would vote for it if he were a senator, he said because republicans should still be part of it because -- this is a spin on his part because 84% of the bush tax cuts were still in place. and yet those tea party house reasoning wouldn't go along with grover norquist. we catholics say there is a problem when you are holier than the pope. well, that's the case with these house republicans. i don't...
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i actually agree with grover norquist on this. that particular leverage is gone and is not going to be reemerging any time soon. and i think also there are a lot more votes for that deal if we needed them. once you had 170 democrats, why would you need a huge number of republicans? there were plenty of people saying if you need me, i'll be there. frankly, if you have don't, i won't. and that's fair enough. both sides do that on a tough vote. so i think the speaker remains very strong in the conference, i think you'll see that today. and honestly we're now going to fight going forward on terrain that unifies republicans that, is cutting spending and reforming entitlements as opposed to things that divide us. >> more than a few pundits have argued on both sides of the aisle that they agree with you that the speaker is very strong within his conference and yet the fact remains this was the least effective congress that we've seen since record were kept. so what good does it do if you're okay within your conference but you're not gett
i actually agree with grover norquist on this. that particular leverage is gone and is not going to be reemerging any time soon. and i think also there are a lot more votes for that deal if we needed them. once you had 170 democrats, why would you need a huge number of republicans? there were plenty of people saying if you need me, i'll be there. frankly, if you have don't, i won't. and that's fair enough. both sides do that on a tough vote. so i think the speaker remains very strong in the...
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and grover norquist, is he backing down from his no-tax pledge? is he hedging? find out, ten o'clock this morning. go to our facebook page, tell us what you think about the deal that we've got, you're happy with it. if you are, we want to know why. we'll read some of your comments on the air. tell us why we want that in there. the markets, they've got their answer on the fiscal cliff, a deal has been done, the result is yes, it is a rally. we're going to see a big gain for the dow. it's going to be big. the opening bell for this brand new year is next. night ♪ >> surely you recognize that music, don't you? that's played on the bah zuki? why are we playing that? because america looks a whole lot like greece in morning. why? we've got a fiscal cliff deal. all it does is raise taxes. it doesn't cut spending, it doesn't do anything about the debt that we and europe and greece are facing. nothing at all. america's fundamental spending and massive debt has gone completely unaddressed. not there. that's why we're playing greek music as we start out this trading sessi
and grover norquist, is he backing down from his no-tax pledge? is he hedging? find out, ten o'clock this morning. go to our facebook page, tell us what you think about the deal that we've got, you're happy with it. if you are, we want to know why. we'll read some of your comments on the air. tell us why we want that in there. the markets, they've got their answer on the fiscal cliff, a deal has been done, the result is yes, it is a rally. we're going to see a big gain for the dow. it's going...
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and i was going to say, the other group -- oh, the -- when i gave a talk at grover norquist's wednesday meeting -- >> oh, that must have been interesting. >> one of the -- this was at the -- i gave two. there was first a meeting with him and some of the republican leaders which was open, and then there was one which was closed and i can't talk about that one but i'm sure it was at the first one. that one -- [laughter] -- one of them said, that's income redistribution. well, yeah, it is. the people who do a good job will get some of the money from somebody else. and -- but that's what if we don't do something like that. that's -- you see, we would reach -- if we did that, we would reach tipping points where alternatives would be cheaper than -- say, coal, and then you would quickly phase out the fossil fuel. so you then leave it in the ground and that's what we have to do. >> british columbia is doing something like this so that maybe there's some different details, but british columbia replaced one kind of tax, it was a payroll or corporate tax -- >> yeah. >> and imposed the carbon tax.
and i was going to say, the other group -- oh, the -- when i gave a talk at grover norquist's wednesday meeting -- >> oh, that must have been interesting. >> one of the -- this was at the -- i gave two. there was first a meeting with him and some of the republican leaders which was open, and then there was one which was closed and i can't talk about that one but i'm sure it was at the first one. that one -- [laughter] -- one of them said, that's income redistribution. well, yeah, it...
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eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture ca! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! >> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a deal, theyun planted strike down plano strike this weekend.if if the strike happened, some reports estimate for a billion dollars per day. >> there's no questi
eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one...
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. >> i want to hear from grover norquist because this logic is fantastic. passed by congress that raises taxes for the higher earners, extends tax cuts for many americans. the president reviewed a copy of the bill while vacationing in hawaii before directing it to be signed via auto pen. that's the signature machine that the presidents sometimes use while away from washington, far from a bipartisan public signing ceremony. look at this. >> it was special. he wanted to capture it. it was special. >> back at the capitol -- >> in wisconsin they were thinking about signing civil rights legislation with his hands, then decided use the auto pen. looks better for the history books. >> on the jetsons. >> there are several major issues -- >> rosie, by the way. >> -- awaiting the president's return including the impending fight over the debt ceiling. >> it's going to be ugly. >> meanwhile, grover norquist sat down with andrea mitchell yesterday where he insisted that republicans who backed the fiscal cliff deal did not, in fact, vote to increase taxes. >> no republic
. >> i want to hear from grover norquist because this logic is fantastic. passed by congress that raises taxes for the higher earners, extends tax cuts for many americans. the president reviewed a copy of the bill while vacationing in hawaii before directing it to be signed via auto pen. that's the signature machine that the presidents sometimes use while away from washington, far from a bipartisan public signing ceremony. look at this. >> it was special. he wanted to capture it. it...
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., grover norquist tried to keep his infamous pledge from going obsolete, tweeting "the bush tax cuts lapsed at midnight last night. every "r" voting for senate bill is cutting taxes and keeping his or her pledge." sorry, grover, the impact of the bill is absolutely a tax hike. supporting it was not unanimous, all but five republicans and three democrats in the senate voted for it, but it was much closer in the house. 151 republicans, more than half of the gop members, voted no, including majority leader eric cantor and republican whip kevin mccarthy. at the end of the day, enough lawmakers across the aisle agreed to the deal, but at a cost of extremely strained relationships. politico reports on an encounter between speaker boehner and harry reid in the white house lobby. go [ bleep ] yourself, boehner sniped, as he pointed his finger at reid, according to multiple sources present. speaker boehner refused to bring forward a bill funding emergency aid for victims of superstorm sandy. this is how republican peter king responded this morning. >> john boehner has been personally helpful
., grover norquist tried to keep his infamous pledge from going obsolete, tweeting "the bush tax cuts lapsed at midnight last night. every "r" voting for senate bill is cutting taxes and keeping his or her pledge." sorry, grover, the impact of the bill is absolutely a tax hike. supporting it was not unanimous, all but five republicans and three democrats in the senate voted for it, but it was much closer in the house. 151 republicans, more than half of the gop members, voted...
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the tax man is here, grover norquist, president of americans for tax reform, joining us now. thank you very much. happy new year. >> happy new year. >> why were you in favor of this? it's the first tax increase republicans have voted for in 20 years. >> no republican voted for a tax increase. what happened is obama had the demaclese over the american people, unless the house senate and president voted on something. >> the bush tax cuts had set to expire. >> they were set to expire two years ago and obama extended them for two years without change for everybody, for himself and everyone else. then he said he was worried about the economy and he didn't want to kill jobs. now that his job was safely protected, he's less understood what happened to the economy, the tax increases that he insisted on, all the republicans in the house and the senate who voted more than once to extend the bush tax cuts for everybody permanently, so the republicans are quite clear. they want the tax cuts extended for everyone. the president insisted on taking them away from some people. that will hurt
the tax man is here, grover norquist, president of americans for tax reform, joining us now. thank you very much. happy new year. >> happy new year. >> why were you in favor of this? it's the first tax increase republicans have voted for in 20 years. >> no republican voted for a tax increase. what happened is obama had the demaclese over the american people, unless the house senate and president voted on something. >> the bush tax cuts had set to expire. >> they...
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norquist and everybody's crying mostly because the lose in the sixty six thunderbird to the grand canyon but the republicans even though they lost the election even though they lost seats in the house and lost seats in the senate they still refused to negotiate and they're being held hostage by their far right wing and that hasn't changed and it might might change next year but i don't i don't think so and loose with what about the polarization let's say in france right now after the election because the sitting president is not very popular right now. it's complicated because you you get a kind of windshield wiper effect in france you get one we can which the president sporty and the president himself are doing extremely badly for instance you have the steel works. with mr lakshmi mittal the fact that basically the president and the prime minister the minister for industry all had different theories about what to do and how to try and keep jobs into the country and then the following week all the following months you get a complete fight between the two would be leaders of the of positi
norquist and everybody's crying mostly because the lose in the sixty six thunderbird to the grand canyon but the republicans even though they lost the election even though they lost seats in the house and lost seats in the senate they still refused to negotiate and they're being held hostage by their far right wing and that hasn't changed and it might might change next year but i don't i don't think so and loose with what about the polarization let's say in france right now after the election...
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grover norquist telling them they never come. they're the unicorn that doesn't exist. >> a lot of republicans at this point will say, you know what? after all of this they may not be saying publicly now, but they'll say let's just take the sequester and at least we'll be cutting some spending and we'll be cutting the actual spending and take that sequester. >> last word. >> i don't disagree with you and jimmy on this point. this is not a deficit reduction deal that will stabilize the debt to gdp ratio and that has to be -- that has to be one of the goals of a broader deal that now we're probably going to be looking for on the other side of the cliff. >> yeah. i don't know. it doesn't seem to be any part of the president's goal. jared, good to see you always. jimmy, you, too. we'll get you guys back in just a few minutes. we'll get you to the roundtable if you haven't had enough yet. what will it mean for banks? new analysis shows that the expiration ever tax cuts will improve bank savings in 2013, by, listen to this, 54%. in othe
grover norquist telling them they never come. they're the unicorn that doesn't exist. >> a lot of republicans at this point will say, you know what? after all of this they may not be saying publicly now, but they'll say let's just take the sequester and at least we'll be cutting some spending and we'll be cutting the actual spending and take that sequester. >> last word. >> i don't disagree with you and jimmy on this point. this is not a deficit reduction deal that will...
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grover norquist. we had an election and boehner was elected speaker now lame duck obama should get over it. >> okay, a boehner hasn't been -- boehner hasn't been elected to anything yet because there's going to be a fight between him and eric cantor coming up. >> stephanie: crazy cowboy, eric eric cantor. >> okay corral. and it won't be okay for you. it will be super okay for me because i moisturize. >> stephanie: oh, boehner boehner. ♪ ♪ i am just an orange boy ♪ ♪ i have squandered my influence for a pocketful of tax cuts for the filthy rich ♪ ♪ my eyes get wet still a man cries when he thinks about which fabric is the best ♪ ♪ on the house floor stands the boehner and he's whining constantly ♪ ♪ and the fiscal cliff reminds him of every vote that let him down ♪ ♪ as he cried out in his anger and his shame ♪ ♪ i'm weeping i am weeping but he still remains ♪ ♪ crying eyes ♪ ♪ crying eyes ♪ >> yea! rocky mountain mike. >> stephanie: rocky mountain mike never on va
grover norquist. we had an election and boehner was elected speaker now lame duck obama should get over it. >> okay, a boehner hasn't been -- boehner hasn't been elected to anything yet because there's going to be a fight between him and eric cantor coming up. >> stephanie: crazy cowboy, eric eric cantor. >> okay corral. and it won't be okay for you. it will be super okay for me because i moisturize. >> stephanie: oh, boehner boehner. ♪ ♪ i am just an orange boy ♪...
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. >> the debate in washington continues over the fallout from the deal, grover norquist sat down with andrea mitchell yesterday on the "andrea mitchell reports" and insisted that republicans who back the fiscal cliff deal did not vote to raise taxes. >> no republican voted for a tax increase. what happened was obama had this sort of ax over the heads of the american people with a $5 trillion tax increase over the next decade. the republicans are clear. they want the tax cuts extended for everyone. the president is not taking them away from some people. that will hurt the economy. he got his tax increase. but he can't claim republican fingerprints on his tax increase. >> wait a second. i mean we're not living in the alice in wonder land world here. there is a tax increase for wealthier americans. it's literally a tax increase. >> well -- rates are up. >> what happened yesterday was that all the tax rates went up and then the republicans and congress together took them down for some people, not for everybody. >> so d.c. is still mixed on the new law but wall street seems to love it. the
. >> the debate in washington continues over the fallout from the deal, grover norquist sat down with andrea mitchell yesterday on the "andrea mitchell reports" and insisted that republicans who back the fiscal cliff deal did not vote to raise taxes. >> no republican voted for a tax increase. what happened was obama had this sort of ax over the heads of the american people with a $5 trillion tax increase over the next decade. the republicans are clear. they want the tax...
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[applause] grover norquist chemo for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what we can do as scientists, is checked the risks and then the location details. but that is a whole different ball game. >> my name is carol stone. do you think the mayan calendar this year will have any effect? and what is the effect of the population in the world -- a billion on this issue of carbon -- >> violation? >> that -- there is a number of factors. when you look at local government in emissions. if there are more people on the planet burning carbon for energy, we will be adding more carbon to the atmosphere. on the other hand, people who are living in a western-style exist the
[applause] grover norquist chemo for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what we can do as scientists, is...
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watch grover norquist as people go to work here. let's listen. >> well, i'm going to ask a question to everyone on the stage. say you had a deal, a real spending cuts deal. 10-1 as byron said. spenting cuts to tax increases. speaker, you're already shaking your head. but who on this stage would walk away from that deal? would you raise your hand if you feel so strongly about not raising taxes you'd walk away on the 10-1 deal. >> whoa. joining me now is review that list of greatness and other highlights and lowlights of the primary season michael steele who never had a year like this. who was always a success over there. and howard fineman. that was a scene -- you come from the roots of the republican party, sir. is that a good day or a bad day for the republicans? >> i think it was a bad day. and i thought it was interesting that later on that huntsman said, you know, i probably should have raised my hand and said i would have taken the 10-1 deal. i think he recognized after the fact that was a definitive moment where he could have
watch grover norquist as people go to work here. let's listen. >> well, i'm going to ask a question to everyone on the stage. say you had a deal, a real spending cuts deal. 10-1 as byron said. spenting cuts to tax increases. speaker, you're already shaking your head. but who on this stage would walk away from that deal? would you raise your hand if you feel so strongly about not raising taxes you'd walk away on the 10-1 deal. >> whoa. joining me now is review that list of greatness...
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i think it is quite telling that earlier this evening, last evening, grover norquist said he is for this bill, but our former secretary of labor bob reich is opposed. so maybe now, maybe now i guess we are all believers in trickledown economics. not i. i guess we redefine the middle class as those making $400,000 a year when, in fact, that represents the top 1% of income earners in america, not the middle class. so i guess that we now accept as normal practice in reaching bipartisan deals that the most vulnerable in our country like those who are out of work and who depend on unemployment benefits can be held hostage as a bargaining chip for more tax breaks for the richest among us. now, i'm not saying that everything in this deal is bad. there are some good parts of this, but i repeat i am concerned about this constant drift bit by bit, deal by deal toward more deficits, less job creation, more unfairness, less economic justice, a society where the gap grows wider between the few who have much and the many who have too little. so, mr. president, for these reasons, i must in conscience v
i think it is quite telling that earlier this evening, last evening, grover norquist said he is for this bill, but our former secretary of labor bob reich is opposed. so maybe now, maybe now i guess we are all believers in trickledown economics. not i. i guess we redefine the middle class as those making $400,000 a year when, in fact, that represents the top 1% of income earners in america, not the middle class. so i guess that we now accept as normal practice in reaching bipartisan deals that...
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grover norquist gave his blessing to the deal and justified it by saying republicans didn't technically raise taxes since the bush tax cuts expired on january 1st. he was on with our andrea mitchell today. look at what he had to say. >> no republican voted for tax increase. what happened was obama had the damocles over the people with the tax increase over the next decade that would happen automatically. the republicans are quite clear. they want the tax cuts extended for everyone. the president insisted on taking them away from some people. that'll hurt the economy. he got his tax increase, but he can't claim republican fingerprints on his tax increase. >> well, wait a second. i mean, we're not living in the alice in wonderland world here. there is a tax increase for wealthier americans. it's literally a tax increase. >> well, first of all -- >> rates are up. >> what happened yesterday was all the tax rates went up and then the republicans and congress together took them down for some people, not for everybody. >> steven, does that pass the smell test? if i were to run against a republ
grover norquist gave his blessing to the deal and justified it by saying republicans didn't technically raise taxes since the bush tax cuts expired on january 1st. he was on with our andrea mitchell today. look at what he had to say. >> no republican voted for tax increase. what happened was obama had the damocles over the people with the tax increase over the next decade that would happen automatically. the republicans are quite clear. they want the tax cuts extended for everyone. the...
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the truth is, and grover norquist has said this, sort of the high priest of republican economics and the tea party, they want to starve the government. they want to shred the social safety net. they lost the last election. they lost the last century. they'd like to repeal much of the new deal, much of the great society, get rid of hk reform. but secondly, the hypocrisy, and jared is right about this, is extraordinary. where did most of this debt come from? it came from bush's two unfunded wars, from an unfunded medicare prescription drug benefit, from the decision that -- the set of decisions that led to the bush economic collapse in 2008. if you put all that together, that's responsible for most of this debt. and by the way, the people who are now talking about spending cuts and we really have to reduce the size of government were the folks who brought us all that. >> but are you saying that as a political matter they're aware of the concern that exists among their constituents, people who call a talk radio program like mine, and they are using that as a subterfuge to get to what th
the truth is, and grover norquist has said this, sort of the high priest of republican economics and the tea party, they want to starve the government. they want to shred the social safety net. they lost the last election. they lost the last century. they'd like to repeal much of the new deal, much of the great society, get rid of hk reform. but secondly, the hypocrisy, and jared is right about this, is extraordinary. where did most of this debt come from? it came from bush's two unfunded wars,...
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i mean grover norquist is braggin the you know nobody voted to raise taxes he's disagreeing with you and you know in. the big picture here i mean if the political climate that republicans had this wasn't a deal that mean it was made back in this was something that was a lot of contention on the right among this republicans didn't make out very well and i think i think you guys are crying crocodile tears because you know that you know a obama gave away massive tax cuts to millionaires and billionaires and transnational corporations goldman sachs got their one point six billion dollars had anything away at this process the whole at every step of the way he was on willing to work in the public and not only as it is and he keeps saying that republicans were the ones on one to compromise he was consistently the. one willing to compromise on the tax cut of over you know people making two hundred fifty thousand dollars a year i mean it's the whole entire thing is really ridiculous and it's the same republicans for the estate tax at midnight december thirty first it's a tax when to fifty fiv
i mean grover norquist is braggin the you know nobody voted to raise taxes he's disagreeing with you and you know in. the big picture here i mean if the political climate that republicans had this wasn't a deal that mean it was made back in this was something that was a lot of contention on the right among this republicans didn't make out very well and i think i think you guys are crying crocodile tears because you know that you know a obama gave away massive tax cuts to millionaires and...
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Dec 31, 2012
12/12
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the main spokesperson is this man, grover norquist. the americans for tax reform. he was almost regenerating all signs from republicans, signatures -- from republicans. this became 2011, when it came to we had the demanded that it reduce the deficit. because of the debt ceiling without a deal, the u.s. would lose its ability to borrow money. democrats, republicans, wanted a stricter tactics that shut down the government and ultimately cost the american it is trouble a credit rating in the first time in history. at the last moment, they both agreed to a trillion dollars in spending cuts and 1.2 trillion to be decided by a special congressional super committee. but a poison pill was attached. if this cannot be reached, this automatic across-the-board cuts as the sequester would go into effect starting january, 2013. at the exact moment when the abortion-era tax cuts required-bush-era tax cuts could have been expired like they did two years ago but once we often got drowned out by seemingly endless and continuous elections in america. this time, there could be a serio
the main spokesperson is this man, grover norquist. the americans for tax reform. he was almost regenerating all signs from republicans, signatures -- from republicans. this became 2011, when it came to we had the demanded that it reduce the deficit. because of the debt ceiling without a deal, the u.s. would lose its ability to borrow money. democrats, republicans, wanted a stricter tactics that shut down the government and ultimately cost the american it is trouble a credit rating in the first...
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Jan 2, 2013
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we have grover norquist who said republicans did not violate his pledge and he stood up for those who voted again. let's take a listen. >> it's 157 voted against the deal. were they against cutting taxes for almost everybody? no. they wanted to cut taxes for everybody. they are mad there was no spending restraint and taxes went up. >> while vote are for the measure, they voted against the anti-tax orthodox for the first time in decades. did this deepen the party's ideological divide? >> there is clearly a civil war going on in the republican party in terms of personalities and you saw between boehner and kantor and others. in terms of the policies. they have not come to terms with the fact that you are talking about solving the big problems and the debt and the deficits and you have to have revenue on the table. this is the dilemma they face. until they get that under control, you are continuing to see this divide to define who they are. >> i mentioned that we saw this flit and speaker boehner who voted in favor of the bill. it was brave for the speaker to vote on the bill? in the 15
we have grover norquist who said republicans did not violate his pledge and he stood up for those who voted again. let's take a listen. >> it's 157 voted against the deal. were they against cutting taxes for almost everybody? no. they wanted to cut taxes for everybody. they are mad there was no spending restraint and taxes went up. >> while vote are for the measure, they voted against the anti-tax orthodox for the first time in decades. did this deepen the party's ideological...
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Jan 3, 2013
01/13
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i don't care what grover norquist says no they didn't vote for a race. yes, they did. >> for the first time since 1990 republicans have agreed to raise taxes. so yes that is a huge deal. but are we going to be looking at democrats having to make major cuts. >> stephanie: right. yep. >> and the question people have to ask is what is more important, raising taxes on the wealthy? or cutting government spending? well, i think we're going to end up having both and my point is -- i think president obama could have gotten -- raising taxes on the wealthy. i think that's a pretty compelling argument and he could have gotten that without having to agree to cutting government spending. >> stephanie: uh-huh. david the hurricane sandy relief stuff, what i think is striking is that that laid bare as a lot of reasoning pointed out, that the republicans are in complete disarray, and it is things that didn't used to be a partisan issue, right? >> yeah, i think that's right. and the republican does not only have a leadership dysfunction, there are some that say the [ inau
i don't care what grover norquist says no they didn't vote for a race. yes, they did. >> for the first time since 1990 republicans have agreed to raise taxes. so yes that is a huge deal. but are we going to be looking at democrats having to make major cuts. >> stephanie: right. yep. >> and the question people have to ask is what is more important, raising taxes on the wealthy? or cutting government spending? well, i think we're going to end up having both and my point is -- i...
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Jan 3, 2013
01/13
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grover norquist thinks he got a great deal. he's using the 84%--it's 99% of people and 84% of tax revenue. >> keep in mind how many of a treat this is for the modern democratic party. the democrats have spent 12 years attacking the 2001-2003 bush tax cuts. they all voted against it. obama attacked it regularly. now they're out there helping to preserve that 84% of those tax cuts. and making them permanent. >> there you go. unfortunately, he's totally right. what happened? how did president obama get all these democrats oh those goddamn bush cuts. yes, we retained 99% of the bush tax cuts, and for 84% of the revenue, yes, president obama what a great job. no that is a terrible job. norquist goes further and this is the main guy whose whole point is keeping tax cuts for the rich. good night. when the dems wake up, they'll wake up and realize they made the tax cuts permanent and lost their leverage for the next four years. i'm not the only one who thinks we lost leverage. we talked to pete defauzio today. >> the democrats lost the
grover norquist thinks he got a great deal. he's using the 84%--it's 99% of people and 84% of tax revenue. >> keep in mind how many of a treat this is for the modern democratic party. the democrats have spent 12 years attacking the 2001-2003 bush tax cuts. they all voted against it. obama attacked it regularly. now they're out there helping to preserve that 84% of those tax cuts. and making them permanent. >> there you go. unfortunately, he's totally right. what happened? how did...
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Dec 28, 2012
12/12
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how about if on the democratic side grover norquist had said never cut any spending? i'm going to sign a bill that says never cut and spending. grover norquist, here's a great example, he does not even believe in economic case multipliers. host: gary says -- guest: what's interesting about the last election cycles is we had under president bush and the end, democrats seized control of congress in big numbers. and we had the big democratic sweep with the white house in 2008. 2010, republicans came sweeping back. we've had a pendulum swing, very contractive time period. that's one of the factors. we have seen both sides really dug in because they don't know where the pendulum will swing in the next direction. host: from one of our viewers -- on facebook -- guest: that's right. one of the points she raises is it's easy to look and collectors and say we will just drop 10% of this program and 20% off that program. but when you get down to the individual programs, we're talking state and local police departments, fire departments, teachers' pay, all sorts of programs that h
how about if on the democratic side grover norquist had said never cut any spending? i'm going to sign a bill that says never cut and spending. grover norquist, here's a great example, he does not even believe in economic case multipliers. host: gary says -- guest: what's interesting about the last election cycles is we had under president bush and the end, democrats seized control of congress in big numbers. and we had the big democratic sweep with the white house in 2008. 2010, republicans...
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Dec 26, 2012
12/12
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norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two years or something. >> whoa, hang on, hang on. that was a bit below the belt, grover. >> hey, if you think a commitment is not for as long as you make it it for, the commitment for the pledge as peter king well knows when he signed it is as long as you're in congress you will reign in spending and reform government, not raise taxes. it not for 500 years or two generations. it's only as long as you're in the house or the senate. if he stayed too long, that's his problem. but you don't tell the bank, other, the mortgage, wasn't that long time ago? if you make a commitment, you keep it. >> coming up, was mitt romney do
norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two...
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Dec 27, 2012
12/12
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norquist not to allow any tax revenues whatsoever. meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with revenues, so this is not a capsule of a couple of days. this has been going on for years. they cannot cross over the threshold that has been built by grover for vist. people who are rich who make a lot of money, her not opposing raising taxes on them. the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. any time bhth speaker and the republican leader come to the president and say we've got a deal for you. the president's door is always own, and mine is, too. >> the senate is ba
norquist not to allow any tax revenues whatsoever. meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with...
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Jan 2, 2013
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. >> grover norquist had this tweet where he essentially said the bush tax cuts lapsed at midnight, every r voting for the senate bill is cutting taxes and keeping his/her pledge. democrats were vehemently against all these tax cuts because they raise the deficit. these will raise the deficit by about $4 trillion. are you worried last night the deal added too much to the deficit? how come democrats have basically embraced these bush tax cuts from about a decade ago? >> let's look at what the reason was the democrats opposed those 2001 and 2003 tax cuts. it's because they weren't paid for. they blew a massive hole in the deficit, along with the two wars that weren't paid for and the medicare part d drug plan, which was a good thing but was not paid for. we need to go back to pay as you go rules. the republicans when they came in and took the majority back got rid of that requirement. we're for responsible tax cuts that help the middle class. we're not for and neither were the american people as they said in this election when they voted for president obama's reelection, were not for giving
. >> grover norquist had this tweet where he essentially said the bush tax cuts lapsed at midnight, every r voting for the senate bill is cutting taxes and keeping his/her pledge. democrats were vehemently against all these tax cuts because they raise the deficit. these will raise the deficit by about $4 trillion. are you worried last night the deal added too much to the deficit? how come democrats have basically embraced these bush tax cuts from about a decade ago? >> let's look at...
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Jan 2, 2013
01/13
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if grover norquist was here, he would say the greatest thing we're able to promise people is no further tax rises. it was the major mistake that bush sr. made when he said read my lips, no new taxes and then broke that pledge. what will you then say at the next election when this issue comes up? >> again, i think i held taxes down to 99% of the people. if it went over the cliff, we would have had to deal with it and then had a tax cut. i think just plain in terms of terminology with each other, but the bottom line, 99% of americans are going to get a tax cut. $730 billion. again, wasn't exactly the way i'd like to see it go down because i'd like to see a spending aspect of it. 49 out of 50 governors, that's what i'm going to push for, but we'll have that spending battle, which is the real issue going forward, but we did bring certainty to some of the tax code. i know a lot of small business people are excited about that. >> it is the real issue, congressman, and it could be the more vitriolic battle on capitol hill. do you feel by siding with the democrats this time around that somehow,
if grover norquist was here, he would say the greatest thing we're able to promise people is no further tax rises. it was the major mistake that bush sr. made when he said read my lips, no new taxes and then broke that pledge. what will you then say at the next election when this issue comes up? >> again, i think i held taxes down to 99% of the people. if it went over the cliff, we would have had to deal with it and then had a tax cut. i think just plain in terms of terminology with each...
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Jan 2, 2013
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. >> bret: saying that grover norquist just tweeted out a message. of course, the legendary or depending on your point of view if you are a democrat infamous tax cutter and fights for tax cuts and against tax increases here in washington heads up a group that really keeps the fire on the feet of lawmakers here. he just tweeted out "the bush tax cuts lapsed at midnight last night. every republican voting for senate bill is cutting taxes and keeping his or her pledge ." something that i think republicans were mentioning already. you can see that the time remaining there is at zero. and we are at 2:05 to 139. you can see the no votes there ticking down. the time can be extended for this vote and apparently there are a number of lawmakers who are waiting until the very end to cast their votes. again, we are are on the threshold here of passing the passage and i think we may have just made it at 2 214. charleston? >> while it is over. -- charles? >> the good news for all americans is that as of tomorrow we may never have to hear the word, phrase "fiscal c
. >> bret: saying that grover norquist just tweeted out a message. of course, the legendary or depending on your point of view if you are a democrat infamous tax cutter and fights for tax cuts and against tax increases here in washington heads up a group that really keeps the fire on the feet of lawmakers here. he just tweeted out "the bush tax cuts lapsed at midnight last night. every republican voting for senate bill is cutting taxes and keeping his or her pledge ." something...
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Dec 29, 2012
12/12
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but today the philosophy's main spokesman is this man, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans deploy scorched earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. >>> but in a last minnesota minute compromise, both sides agree to $1 trillion in spending cuts up front, and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect, starting january 2013. at the exact moment when those bush tax cuts extended fo
but today the philosophy's main spokesman is this man, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans...
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Dec 26, 2012
12/12
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norquist. you signed the pledge not to sign taxes. >> i did. >> he supported speaker boehner's plan "b" and said it wouldn't violate his pledge. here's what he told us earlier this week. listen. >> i think in fact, plan "b" is a good step to protecting tax cuts for everybody. >> if you look at current law, current law says as we all know, part of the fiscal cliff '01, '03 tax relief measures will expire on january 1st. at this point, everybody's taxes go up. we all know that. we all want to forestall that. >> how high are you willing to go? if not a million, than what? >> well, let's bear in mind that every new tax burden we apply has consequences for the real economy and for growth, so the very west thing we could do, the very best thing we could do is we're not increasing taxes -- are you don't want to agree to that? >> exactly. i would imagine we're going to work our way and make the threshold. if that's where people have to go, we'll make the threshold as high as we can. because the more re
norquist. you signed the pledge not to sign taxes. >> i did. >> he supported speaker boehner's plan "b" and said it wouldn't violate his pledge. here's what he told us earlier this week. listen. >> i think in fact, plan "b" is a good step to protecting tax cuts for everybody. >> if you look at current law, current law says as we all know, part of the fiscal cliff '01, '03 tax relief measures will expire on january 1st. at this point, everybody's taxes...
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Dec 26, 2012
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>> about this, grover norquist to talk about it. >> love him. >> he's got to be annoyeded. >> on where is the commonground. >> thank you, ger. crude at $90.98 a barrel, up $2.37 a barrel. weaker dollar adding to that too. you saw the pictures on the eastern sea board, middle east headlines pushing prices higher. reports say that iraqi kurds suspended production by 180,000 a day. that's going to be bullish news there on the price of crude. >> a lot going on, and not all the fiscal cliff i should say, thankfully. what it means for you and your taxes. you got to hear this. >> forget holiday cheer, the top box office winners ahead. as we do every day at this time, favorite time of the day, the bond yield. there's the ten year. the perceived security of u.s. debt, the long bond. back in a moment. ♪ >> here's your fox business brief. well, more good news for recovery in the housing market in october. the latest index shows prices in the 20citi watt group, 23% year over year. chicago and new york the only cities with annual negative returns. there's a deal with walmart to build gas stations
>> about this, grover norquist to talk about it. >> love him. >> he's got to be annoyeded. >> on where is the commonground. >> thank you, ger. crude at $90.98 a barrel, up $2.37 a barrel. weaker dollar adding to that too. you saw the pictures on the eastern sea board, middle east headlines pushing prices higher. reports say that iraqi kurds suspended production by 180,000 a day. that's going to be bullish news there on the price of crude. >> a lot going on,...
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Dec 27, 2012
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and republicans who totally grover norquist taxes, they hate them, that is not true. to a degree that kind of disturbs me, actually, the two parties mostly agree on keeping the bush tax cuts. up to $250,000 in income, which is a lot of income. republicans and democrats want to keep all the bush tax cuts. that's way more than 80% of all the bush tax cuts. they agree on all of that, no argument. where they disagree is democrats want to raise taxes on any income over 250,000. and they'll accept at this point 400,000. and republicans, though, this is what people don't always know, republicans want to raise taxes too, they want to raise them on poor people. they want to let the stimulus tax cuts expire. those are tax cuts that are helping poor and middle tax cuts. a family may get $60,000 will see a tax increase of almost $1,000. the white house opposes that tax increase. that is the shape of the disagreement on taxes. democrats want to raise them on the rich, republicans want to raise them on the poor. that is where the fight is happen i happening number four. and i canno
and republicans who totally grover norquist taxes, they hate them, that is not true. to a degree that kind of disturbs me, actually, the two parties mostly agree on keeping the bush tax cuts. up to $250,000 in income, which is a lot of income. republicans and democrats want to keep all the bush tax cuts. that's way more than 80% of all the bush tax cuts. they agree on all of that, no argument. where they disagree is democrats want to raise taxes on any income over 250,000. and they'll accept at...
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Dec 26, 2012
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norquist or americans for tax reform, they will have a tax cut. i think people have been thinking all along that really if push comes to shove, we'll do it in the new year and that seems to be what's developing. >> it creates an interesting dynamic, you'd have a new congress sworn in on january 3rd and ordinarily everyone goes home, get your picture taken, that's it. you're essentially swearing in a new congress and moving to the floor. that's something we haven't seen in quite a while, i'd say in the modern era. >> one of the odd things on the first day is elect a speaker. the majority party puts up -- this time it would be john boehner. the minority puts up their chosen leader, this time nancy pelosi. it's usually pro forma, but this time it has a real weight to it, because one of the reasons we're in this situation right now is because we're waiting for john boehner to be reelected to speaker of the house before they make a move, because only if 16 or 17 republicans don't vote for the guy, he could lose. they just want to wait. >> that's, i thi
norquist or americans for tax reform, they will have a tax cut. i think people have been thinking all along that really if push comes to shove, we'll do it in the new year and that seems to be what's developing. >> it creates an interesting dynamic, you'd have a new congress sworn in on january 3rd and ordinarily everyone goes home, get your picture taken, that's it. you're essentially swearing in a new congress and moving to the floor. that's something we haven't seen in quite a while,...
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Jan 1, 2013
01/13
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but he's got a caucus that does not want to violate the grover norquist pledge. by the way, the debt is a serious problem. and that's why i think the president and many of us were disappointed once again that we didn't get a grand bargain. everything should be on the table. but at least this time there is an outcome that is possible, that will do no harm, and will allow us to continue this debate on how to right size government and get savings in some of our benefit programs. >> all right, congressman peter welch, thank you. it appears at least the ball has been moved a little bit down the field. thank you so much. we appreciate your time. >> thank you. >>> well, forget the politics for a second. up next, find out what the breaking developments mean for the markets tomorrow. and your paycheck. that's right. your paycheck in the coming months. more breaking news continues. stay here. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replace
but he's got a caucus that does not want to violate the grover norquist pledge. by the way, the debt is a serious problem. and that's why i think the president and many of us were disappointed once again that we didn't get a grand bargain. everything should be on the table. but at least this time there is an outcome that is possible, that will do no harm, and will allow us to continue this debate on how to right size government and get savings in some of our benefit programs. >> all...